Washington DC Housing Market
The Washington DC housing market is booming. Despite the global economic downturn, this international city is still home to a prosperous local economy, excellent infrastructure and a wide range of attractions and amenities that attract millions of visitors and residents every year. The city is also growing – many neighborhoods are experiencing revitalization and there are many new and existing real estate properties that are emerging on the market. If you are interested in buying a home, the best time may be right now.
Trendy neighborhoods like Georgetown, Dupont Circle and Adams Morgan present many historic townhomes, single-family residences and condos that exemplify a high standard and have been well maintained in order to remain competitive with newer properties. The same goes for neighborhoods like Capitol Hill to Anacostia where there are several newer condo conversions and building projects. A place like Brookland is an excellent example of the future potential of the real estate market – after years of gentrification, many younger buyers and families have moved into the area, bringing along renewed attention from businesses.
Housing Market in Washington DC
Home buyers in Washington D.C.
can feel confident that this city will continue to grow and prosper. There is a continual influx of new residents due to the presence of the Federal Government, major universities and businesses, and industries from tourism to retail and restaurants are always doing well. An investment in DC real estate today can yield excellent dividends as the national housing market recovers in the near future.
To keep up with the most current updates about the Washington DC housing market
, contact Dale Mattison and The Mattison Group today.